Disposition of Class B Shares of Lions Gate Entertainment Corp.

ATLANTA, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Shapiro Capital Management LLC ("Shapiro”) announces that:

(a)	On October 3, 2023, Shapiro disposed of 18,500 Class B non-voting shares ("Class B Shares”) of Lions Gate Entertainment Corp. (the "Issuer”) at an average price of CDN$10.08 per Class B Share, representing an aggregate price of CDN$185,561.26, which represented approximately 0.01% of the issued and outstanding Class B Shares of the Issuer. Immediately before the acquisition, Shapiro had control over, but not ownership of, 18,864,475 Class B Shares, which represented approximately 12.46% of the issued and outstanding Class B Shares of the Issuer. Immediately following the acquisition, Shapiro had control over, but not ownership of, 18,845,795 Class B Shares of the Issuer, which represented approximately 12.46% of the issued and outstanding Class B Shares of the Issuer.
(b)	On September 12, 2024, Shapiro disposed of 50,000 Class B Shares of the Issuer at an average price of CDN$9.23 per Class B Share, representing an aggregate price of CDN$459,512.46, which represented approximately 0.03% of the issued and outstanding Class B Shares of the Issuer. Immediately before the acquisition, Shapiro had control over, but not ownership of, 15,320,433 Class B Shares, which represented approximately 9.80% of the issued and outstanding Class B Shares of the Issuer. Immediately following the acquisition, Shapiro had control over, but not ownership of, 15,270,433 Class B Shares of the Issuer, which represented approximately 9.77% of the issued and outstanding Class B Shares of the Issuer.

As of October 9, 2024, Shapiro has control over, but not ownership of, 15,270,433 Class B Shares of the Issuer, representing approximately 9.77% of the issued and outstanding Class B Shares of the Issuer.